Technical
Financial
Distress signals
Property profile

233 Hershey Rd Hummelstown, PA 17036

OFF-MARKET
Strip malls
Property ID
US73-1343289
64,878 SF 14.59 ac lot Built 2005
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Meadows Marketplace offers a prime retail space in the thriving Hummelstown, PA market. This 91,518 square foot anchored grocery center boasts a strong tenant mix, including a Giant Grocery store, ensuring high foot traffic and visibility. The available space totals 1,344 square feet, ideal for a variety of retail businesses seeking a location in a well-established shopping center. Situated at 233 Hershey Road in Dauphin County, Pennsylvania (zip code 17036), the center benefits from excellent accessibility, featuring fully signalized access from Hayshed Road. The property's strategic location provides convenient access for residents of Hummelstown and surrounding communities. Current tenants include a diverse range of businesses, such as Hershey Dental Associates, Dunkin' Donuts, and Holiday Hair, creating a vibrant and complementary retail environment. This opportunity presents a chance to establish a business within a successful and established shopping center, benefiting from the existing customer base and high visibility location. The property is classified as a retail anchored center with multiple tenancies. This space presents a unique opportunity to join a thriving retail community in a high-traffic area. The address is easily accessible and visible from Hershey Road, offering excellent exposure to potential customers. Don't miss this chance to secure a space in this successful shopping center.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 64,878 SF
Lot 14.59 ac (635,671 SF)
APN 56-003-068
UPID US73-1343289

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Bakery Discount Store

Location

233 Hershey Rd Hummelstown, PA 17036-9246
Hummelstown metro Census 24503 HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.23M

Owner & transaction history

since 2022
Last sale
$18.5M
5 recorded transactions
2022
$18.5M
2022
$11.0M
2021
Price N/A
2006
Price N/A
2004
$1.8M

Zoning & alternative use

Top alternative use upside
Industrial (general) $8.2M +308.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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